Southwest Airlines has reached a Tentative Agreement with the Aircraft Mechanics Fraternal Association (AMFA), which represents the Company’s 2,400 Employees in the aircraft mechanics and related workgroup. The agreement gives employees improved compensation, a ratification bonus, and updated work rules. “We’re glad our Employees will have the opportunity to vote on this Tentative Agreement, as […]
Nepal Airlines has taken delivery of the first of two A330s, which it will lease from Portuguese lessor Hi Fly. These will be in addition to its two existing A320ceos and will be one of the largest aircraft operating out of Tribhuvan International Airport. Situated at high altitude, only the most sophisticated of aircraft are
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Spirit AeroSystems has officially opened its new logistics warehouse at its manufacturing operations in Subang, Malaysia. The 50,000-ft² facility will accommodate increasing volumes of assembly work on aerostructure components for commercial airliners. The expansion will free up other manufacturing space and improve the site’s capacity to rapidly build complex aerostructures for high-rate production programs at
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The first BelugaXL has rolled out of the paintshop unveiling a special livery making it look like a Beluga Whale. The livery was one of six choices submitted to Airbus employees through a poll where 20,000 people participated. With 40% votes in favour, the smiley livery won. The BelugaXL will now undertake gound tests before
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GECAS and Oz Management have announced the closing of STARR 2018-1. Operating as START Ltd., this closing marks the first aircraft portfolio purchase vehicle structure to include a dedicated Asset Manager for equity investors. In this transaction GECAS is selling a portfolio of aircraft to Start Ltd, which is financing its acquisition through issuance of
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Embraer has delivered its first Phenom 300E in Asia Pacific to Northern Escape Collection. The new light jet model, which is an enhancement of the Phenom 300, offers Northern Escape Collection an elegant solution to provide their guests access to its collection of private lodges in Queensland including Orpheus Island Lodge, Daintree Ecolodge and Mt
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Turkish Airlines has launched a brand new wireless In-Flight Entertainment system developed by Turkish engineers in cooperation with Turkish Technic Inc. and Havelsan. The new entertainment system is now available on the flag carrier’s 44 narrow body aircraft via passengers’ personal electronic devices. “We keep striving to make our passengers’ entire journey more enjoyable with
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TUI successfully issued a certificate of indebtedness with tenors of five, seven and ten years including fixed and floating rate tranches. The average tenor of the transaction amounts to 6.4 years. Due to very strong investor demand the initially announced volume of €200 million was significantly oversubscribed and TUI decided to upsize the deal to
TUI successfully issues certificate of indebtedness with total volume of €425 million Read More »
The first ACJ320neo (new engine option) has entered final assembly in Hamburg, Germany, marking the start of a new era in Airbus Corporate Jets. Featuring the largest cabin in its class, the ACJ320neo is due to be delivered to Acropolis Aviation of the United Kingdom in the last quarter of 2018, together with a second
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S7 Airlines has received its first new Airbus A321-200neo aircraft from Air Lease Corpor. This aircraft is the first of four Pratt & Whitney PW1133G-powered A321neos to be delivered in 2018 to S7 from ALC’s order book with Airbus. “The four new ALC A321neo aircraft bring a new level of operating efficiency and competitiveness to
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